DGS Legal Alert: FTX Trading and Alameda Research Fall into Chapter 11

November 14, 2022

Global cryptocurrency exchange FTX Trading, Alameda Research, and 132 of their affiliates filed voluntary Chapter 11 bankruptcy petitions on November 11, 2022. According to the petitions, the debtors have more than 100,000 creditors. The cases have been assigned to Judge John T. Dorsey in the U.S. Bankruptcy Court for the District of Delaware.

FTX’s Chapter 11 filing has destabilized the crypto industry. Our attorneys are prepared to help clients navigate this landmark bankruptcy and are monitoring advancements in the case. Please contact DGS attorneys Adam L. Hirsch, Chris Richardson, Kyler Burgi, or Peter H. Schwartz if we can assist in any way.

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Davis Graham & Stubbs LLP, one of the Rocky Mountain region’s preeminent law firms, serves clients nationally and internationally, with a strong focus on corporate finance and governance, mergers and acquisitions, natural resources, environmental law, real estate, and complex litigation. Our lawyers have extensive experience working with companies in the energy, mining, technology, hospitality, private equity, manufacturing, asset management, and aviation industries. As the exclusive member firm in Colorado for Lex Mundi, the world’s leading network of independent law firms, DGS has access to in-depth experience in 100+ countries worldwide.